Royce Small-Cap Opportunity Fund (RYPNX)
Royce Small-Cap Opportunity Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $20.84, up 0.82% on the session, giving a market capitalisation of $1.91B. Its beta of 1.38 implies it has historically moved more than the broad market.
The fund's investment adviser strategically deploys capital primarily into the stock of small-capitalization enterprises. This approach seeks to exploit what the adviser perceives as favorable situations involving securities trading below their intrinsic value. Under typical market conditions, the fund allocates a minimum of 80% of its net assets to small-cap holdings. Additionally, it reserves the right to invest in other funds that concentrate on equity securities.
Royce Small-Cap Opportunity Fund is most often compared with the following Financial Services names: